Thread regarding Bed Bath & Beyond layoffs

BBB is going bankrupt...

BBB is going bankrupt... More Large Layoffs coming this week. (Oc 19).

They hire this guy to revamp the company and cut costs.. All they did was pay him 16 million to slash jobs and now the customers and staff suffer.

Do you think this CEO cares?? NO.. BBB goes chapter 11 in 6-12 months and this guy walks away with 16 million... DUmb people at the top.

Its ONLY ablut the share holders and those with the big investments will dump "everything" very very soon.

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Post ID: @OP+VFqx1zF

6 replies (most recent on top)

Layoffs will happen after Thanksgiving!!

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Post ID: @7cvo+VFqx1zF

So many people are still bitter over last year. They needed to go anyway because of there bad attitudes. I lost two department managers that were old and stuck in there ways. My boss knew they were old and lazy so I know that’s part of why they were layed off. If they were worth something they would move up anyway. I think the purge that happened last year was refreshing. Out with the old blood and in with new blood ready to work and prove themselfs. I know people have lives and familys but it’s business not personal.

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Post ID: @4smg+VFqx1zF

You are crazy if you think a company wouldn't layoff associates to appease the stockholders.

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Post ID: @4gtb+VFqx1zF

A fake source as usual. No layoffs today. I think this old site is just plagued with those who cant move forward and were maybe let go and so now hop on any shred of negative hoping for the downfall of more people. Move on already stop speculating

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Post ID: @4mwp+VFqx1zF

If you knew how to read a balance sheet, you would see that BBB is not in danger of going bankrupt anytime soon; you seem to imply of a total liquidaton, that is unlikely to happen anytime soon. You also seem to imply that bankruptcy is always a precursor to liquidation, again not true.

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Post ID: @4ogm+VFqx1zF

What layoffs? Info?

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Post ID: @3wfl+VFqx1zF

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